LendingTree Reports Record Third Quarter Results; Increasing Full-Year Outlook
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Needham & Company Raises Price Target as LendingTree's (TREE) Strong 3Q Revenue Beat Shows Drive to Push Sales
October 26, 2015 3:34 PM EDTNeedham & Company reiterated a Buy rating on LendingTree (NASDAQ: TREE), and raised the price target to $140.00 (from $108.00), following the company's 3Q15 earnings results. Tree posted strong 3Q15 revenue of $69.8M, well above consensus of $60.7M. Analyst Kerry Rice believes that the strong results this quarter are primarily driven by Trees... More
LendingTree (TREE) Shows No Indication of Slowing Down; BWS Financial Raises PT to $150
October 26, 2015 2:11 PM EDTBWS Financial reiterated a Buy rating on LendingTree (NASDAQ: TREE), and raised the price target to $150.00 (from $130.00), following the company's 3Q15 earnings results. MyLendingTree.com now has over 2 million subscribers and growing giving TREE a growing base
of users that it could monetize through different... More
LendingTree (TREE) Q3 Revenue and FY15 & FY16 Guidance Tops Views
October 26, 2015 7:21 AM EDTLendingTree (NASDAQ: TREE) reported Q3 EPS of $0.66, may not compare to the analyst estimate of $0.49. Revenue for the quarter came in at $69.8 million versus the consensus estimate of $61.01 million.
LendingTree sees FY2015 revenue of $244-$247 million, versus prior guidance of $225-$230 million and the... More
